STTS Scenario - 20 October 2016 12:00 BST


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Possible Head & Shoulders reversal pattern developing in the 1 hr time frame on the SP500 Index.
 
If it triggers it has a high likelihood of playing out as it would happen at key confluent resistance of 2146.5-2156.5 area with the 365 ema in the 1 hr chart and 20/50 sma's in the daily Chart.
 
We will inform our Subscribers accordingly.
 
► 20 October 2016 - 1 hr
► 20 October 2016 - Daily

NB: The above scenarios are only what we at TFF believe have a high probability of success. There are no guarantees and past performance is NOT an indication of future performance. If you choose to trade, do so at your own risk and never risk money you are not prepared to lose. Before placing any trade, we strongly recommend you watch our Risk Management Video, in conjunction with reading our Disclaimer.